405/100 Exhibition StreetMelbourne VIC 3000
Property Details for 405/100 Exhibition St, Melbourne
405/100 Exhibition St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 656m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (September 2021)
Situated on Level Four and with a quiet Easterly aspect, this is a one bedroom serviced apartment measuring approximately 50 square meters. This apartment offers a generous bedroom with built in robes, lounge, well equipped kitchen with electric hotplates, and loads of storage. In addition, a fully appointed bathroom with shower over bath, and laundry facilities.
The property offers security entrance and is in a prime Melbourne location at the "Paris end" of the CBD with quality retail shops, restaurants and cafes also close at hand.
The apartment is currently leased to the Mantra Group until March 2023, with one further five year option available thereafter.
RENT: $22,799 pa (March 2021)
$438 per week (approx)
INCREASE: 4% annual increase between market reviews
RETURN: 6.7% Gross
LEASE: Until March 2023
OPTIONS: 1 x 5 year
MANTRA PAYS:
Owners Corp Fees
Council Rates
Water Rates
OWNER PAYS:
Maintenance fund: $2,100 pa
INSPECTION IS BY PRIVATE APPOINTMENT.
For further details please contact Nick Walters of Kingsford Property - Melbourne's Serviced Apartment Specialists.
M: 0438 557 885
E: nick@kingsfordproperty.com.au
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent
Property History for 405/100 Exhibition St, Melbourne, VIC 3000
- 23 Jun 2021Sold for $300,000
- 06 May 2021Listed for Sale Contact Agent
- 22 May 2001Sold for $277,000
Recent sales nearby
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0About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,287 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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